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Q.

What kind pf punishment get to service tax defaulters ?

Tags: money, service tax, politics & government
Asked by Ghost Singh, 24 May '13 01:04 pm
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Answers (6)

1.

They may penalise or even jail the defaulters
Answered by rajnikant raiyarela, 24 May '13 01:05 pm

 
  
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2.

Face the law
Answered by anil garg, 24 May '13 05:44 pm

 
  
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3.

His response came in reply to a question on whether the government is likely to revisit proposals like the prosecution clause for both service providers as well as recipients made by finance minister Pranab Mukherjee in the Budget for 2011-12.

Mukherjee, while introducing the new service tax provisions had said, "deliberate evaders with unrecorded business transactions will be dealt with more severely."

The government proposes to prosecute those who provide service without invoice and file false information. Non-payment of collected amount of service tax for a period of more than six months and misuse of CENVAT credit would also attract prosecution.

The sanction of prosecution will be granted at the level of chief commissioner of service tax.

The government also proposes to double the maximum penalty in case of evasion to Rs 10,000 and giving powers to issue search warrant at the level of joint commissioners.

A new section is also being inserted into the Service Tax Act ...more
Source: www.cusabio.com il-6 elisa kit
Answered by Johnny James, 24 May '13 01:12 pm

 
  
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4.

Siege all the property
Answered by Stone Heart, 24 May '13 01:10 pm

 
  
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5.

Nothing , two times free food in govt rest house
Answered by Alok Khatore, 24 May '13 01:10 pm

 
  
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